month order

Good-This-Month Order

An order to a broker to buy or sell a security at a certain price, with the order expiring at the end of the calendar month if that price does not become available. If the price does become available during that month, the order is executed. A GTM is similar to a day order, but it remains open for the remainder of the month, instead of the remainder of a day. See also: GTC.

month order

A security order that, if it has not been executed, is automatically canceled at the end of the calendar month during which it is entered. Month orders are monitored by the brokerage firms handling the orders rather than by specialists on the floor of an exchange. Also called good-this-month order.
References in periodicals archive ?
Sentencing him to a 12 month order community and imposing a restraining order against him, Judge Richards told the dad, who now lives in Dorset but visits his children: '
Reid was also given a 12 month order, Earp an 18 month order and Cosnett a ten month order Peter Murray (18), of Springcroft Road, Tyseley, was fined pounds 250 after admitting taking a vehicle without authority.
69 billion worldwide, the sixth straight month order levels have increased.